Tuesday, July 26, 2011

Las Vegas Sands Corp. (NYSE: LVS): Q2 2011 Earnings Roundup

Las Vegas Sands Corp. (NYSE: LVS) reported Tuesday that it swung to a second-quarter profit of $368 million, or 45 cents a share, from a loss of $5 million, or 1 cent a share, in the year-earlier quarter. On an adjusted basis, the company earned 54 cents a share in the latest quarter. Revenue soared 47% to a record $2.35 billion. Analysts, on average, expected the company to report earnings of 44 cents a share on revenue of $2.21 billion.

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